Malstrom Electric, Inc.
$182,600 PPP Loan in Detroit Lakes, Minnesota
Loan Details
- Loan Number
- 5591267006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $182,600
- Current Approval
- $182,600
- Forgiveness Amount
- $183,959
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Malstrom Electric, Inc.
- Address
- 12375 County Highway 17
- City
- Detroit Lakes
- State
- Minnesota
- ZIP Code
- 56501-7222
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $182,600
Lender Information
- Servicing Lender
- Bell Bank
- Originating Lender
- Bell Bank
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